Report Update May 1, 2024

Finland - Frozen Yellowfin Tuna - Market Analysis, Forecast, Size, Trends and Insights

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Finland: Frozen Yellowfin Tuna Market 2022

Frozen Yellowfin Tuna Market Size in Finland

The Finnish frozen yellowfin tuna market amounted to $X in 2020, remaining relatively unchanged against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a relatively flat trend pattern. Frozen yellowfin tuna consumption peaked in 2020 and is likely to continue growth in the immediate term.

Frozen Yellowfin Tuna Exports

Exports from Finland

In 2020, after three years of growth, there was significant decline in shipments abroad of frozen yellowfin tuna, when their volume decreased by -X% to X kg. Overall, exports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2014 when exports increased by X% year-to-year. As a result, exports reached the peak of X tons. from 2015 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, frozen yellowfin tuna exports dropped markedly to $X in 2020. Over the period under review, exports, however, saw strong growth. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. As a result, exports reached the peak of $X. from 2015 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Denmark (X tons) was the main destination for frozen yellowfin tuna exports from Finland, with a approx. X% share of total exports.

From 2007 to 2019, the average annual growth rate of volume to Denmark amounted to +X%.

In value terms, Denmark ($X) also remains the key foreign market for frozen yellowfin tuna exports from Finland.

From 2007 to 2019, the average annual rate of growth in terms of value to Denmark stood at +X%.

Export Prices by Country

In 2019, the average frozen yellowfin tuna export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2007; however, from 2008 to 2019, export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Denmark.

From 2007 to 2019, the rate of growth in terms of prices for Denmark amounted to -X% per year.

Frozen Yellowfin Tuna Imports

Imports into Finland

In 2020, overseas purchases of frozen yellowfin tuna increased by X% to X tons, rising for the sixth consecutive year after two years of decline. In general, imports showed a significant increase. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. Imports peaked in 2020 and are expected to retain growth in years to come.

In value terms, frozen yellowfin tuna imports soared to $X in 2020. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum in 2020 and are expected to retain growth in years to come.

Imports by Country

Sweden (X tons), the Netherlands (X tons) and Denmark (X kg) were the main suppliers of frozen yellowfin tuna imports to Finland, together comprising X% of total imports. The UK and Germany lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in the UK, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Sweden ($X) and Denmark ($X) appeared to be the largest frozen yellowfin tuna suppliers to Finland, together accounting for X% of total imports.

Among the main suppliers, Sweden (+X% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average frozen yellowfin tuna import price amounted to $X per ton, rising by X% against the previous year. Overall, import price indicated a prominent expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, frozen yellowfin tuna import price increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2010 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Sweden, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen yellowfin tuna in the world?

The countries with the highest volumes of frozen yellowfin tuna consumption in 2020 were Thailand, Taiwan Chinese) and Spain, together comprising 37% of global consumption. Papua New Guinea, Vietnam, Japan, Italy, Panama, Seychelles, France, Mauritius, China and Indonesia lagged somewhat behind, together comprising a further 46%.

What are the largest producers of frozen yellowfin tuna in the world?

The countries with the highest volumes of frozen yellowfin tuna production in 2020 were Taiwan Chinese), Papua New Guinea and France, together accounting for 41% of global production.

What are the leading suppliers of frozen yellowfin tuna to Finland?

In value terms, the Netherlands, Sweden and Denmark $983) were the largest frozen yellowfin tuna suppliers to Finland, with a combined 97% share of total imports.

What are the leading importers of frozen yellowfin tuna from Finland?

In value terms, Denmark remains the key foreign market for frozen yellowfin tuna exports from Finland.

What is the average export price for frozen yellowfin tuna in Finland?

The average frozen yellowfin tuna export price stood at $3,562 per ton in 2019, increasing by 8.5% against the previous year.

What is the average import price for frozen yellowfin tuna in Finland?

The average frozen yellowfin tuna import price stood at $5,818 per ton in 2020, with an increase of 5% against the previous year.

This report provides an in-depth analysis of the frozen yellowfin tuna market in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Product coverage:

Country coverage:

Finland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Finland
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
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How to outsource production to other countries
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023